Conducting an economic analysis of production is one of the most important stages in the financial life of a company. This helps to identify deviations from the set parameters and factors that influenced these changes.
Instructions
Step 1
Do a product analysis. In it, include data on the goods produced and released into circulation (sold). To do this, use a number of coefficients that characterize the production activities of the organization as a whole. At the same time, as a value for the length of the production cycle, use the indicator of intra-plant turnover: it is equal to one if there is no transfer of semi-finished products from one technological department to another between different divisions of the company.
Step 2
Calculate the indicator of the share of marketable output, expressed in the value of gross output (marketability ratio). The equality of this indicator to one will indicate that the company under consideration does not have work in progress, or that the balances of production at the end of the period have not changed at all in comparison with its beginning.
Step 3
Analyze the composition of marketable products. For these purposes, use the availability factor. Its value can range from 0 to one, indicating a portion of the finished product. If the value of this coefficient is steadily decreasing over several periods, then this will indicate that part of the company's semi-finished products in the total amount of marketable products is increasing. In this case, the heads of the enterprise need to think about changing the system of manufactured products or even re-profiling this production.
Step 4
Make up the planned values of the cost of production. At the same time, they should include the necessary items of production costs (material costs, salaries of production employees, costs of capital and current repairs, transport costs, labor protection). Compare the amount of the planned production costs with the actual costs.
